All posts tagged "NPDC"

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  NNPC to acquire divested assets of IOCs

  Nigerian National Petroleum Corporation, NNPC, Monday, said it will acquire the divested assets of International Oil Companies, IOCs, in Nigeria. The NNPC has also borrowed about N224 billion ($1.4 billion) from the international financial market to settle...

  • Posted July 9, 2013
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  Major Oil and Gas Projects Delay Explained by NNPC

  Despite being blamed by the International Oil Corporations operating in the country for delays in the takeoff of phenomenal and remarkable oil and gas projects that could launch the nation into another phase of economic boom, the...

  • Posted December 17, 2012
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• NPDC Moves to Acquire More Oil Blocks

  The Nigerian Petroleum Development Company Limited (NPDC), an upstream subsidiary of the Nigerian National Petroleum Corporation (NNPC) may acquire two additional oil blocks relinquished by International Oil Companies (IOCs). Oil giants, Shell Petroleum Development Company of Nigeria...

  • Posted April 26, 2011
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